Australia's Prime Minister Promises
Measured Economic Changes

By

Veronica Brooks Dow Jones Newswires

Updated Oct. 11, 2004 10:00 p.m. ET

SYDNEY, Australia -- Prime Minister John Howard promised a measured pace of economic restructuring and ruled out any sharp increase in the nation's Iraq military commitment following his conservative government's resounding weekend election victory.

Yesterday, Mr. Howard, a close ally of President Bush, said economic management and cooperation with Australia's allies in the fight against terrorism are top priorities for his next...